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Polly bundles multiple types of insurance—auto, home, umbrella, boat, motorcycle, and RV—when customers buy a new car, to simplify and reduce insurance costs. It works through partnerships with car dealerships and a nationwide network of licensed agents who collect customer information, help select policies from carrier partners, and finalize a multi-policy purchase in one experience. The business earns commissions from insurance carriers for each policy sold, aligning incentives with selling bundled coverage. Polly differentiates itself by the point-of-sale bundling offered at dealerships, combined with a broad set of insurances and a nationwide agent network, rather than focusing on standalone policies. The company’s goal is to make the insurance buying process easier and more affordable for customers while enabling dealerships and carriers to increase cross-sell opportunities.
Industries
Financial Services
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
George Local Municipality, South Africa
Founded
2015
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Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Paid Vacation
Paid Parental Leave
401(k) Company Match
Life Insurance
Disability Insurance
Remote Work Options
Commuter Benefits
Paid Holidays
Polly, an embedded auto insurance marketplace for automotive retail, reported that dealerships introducing insurance quotes during vehicle purchases saw 22% higher finance and insurance gross profit, adding $343 per transaction on average. When customers purchased insurance, F&I gross increased 35%, or $564 per deal. The company's Q1 2026 report found that monthly insurance quotes declined to $168 nationally, down from a peak of $202 in Q4 2024. The share of buyers struggling to obtain insurance fell from 15% in early 2024 to just 2% in Q1 2026, signalling market stabilisation. Top-performing dealership partners achieved F&I improvements ranging from 8% to 47%. However, regional disparities persist, with Nevada, New York and Georgia posting premiums significantly above the national median.
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PLEASANTON, Calif.--(BUSINESS WIRE)--Tekion, innovator of Automotive Retail Cloud (ARC), the first and fastest cloud-native automotive retail SaaS platform, today announced a partnership with Polly, the leading insurance marketplace for automotive retail.Through this partnership, dealers can access Polly’s insurance quotes directly from Tekion ARC, seamlessly, in real-time, via Tekion’s Automotive Partner Cloud (APC). Insurance cost savings are presented to the dealership user for easy quoting, then offered to the dealership customer instantly. Consumers not only benefit by saving money on car insurance, they can reinvest these savings to additional products and services for their new car purchase.“Tekion is committed to delivering value to the entire auto retail ecosystem,” says Amit Maheshwari, SVP of Business Development at Tekion. “Our partnership with Polly enables dealers a way to pleasantly surprise consumers during their vehicle purchase by presenting potential cost savings during the FI process while reducing one more step of shopping separately for auto insurance. With the unexpected savings in monthly payment, consumers can elect to purchase additional products and services from the dealership, improving profitability for the dealer. It is a win-win for both consumers and dealers.”“Polly is thrilled to partner with Tekion to integrate our innovative and market-leading digital insurance marketplace into Tekion’s ground-breaking ARC platform for dealerships,” said Wayne Pastore, President and COO of Polly
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Industries
Financial Services
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
George Local Municipality, South Africa
Founded
2015
Find jobs on Simplify and start your career today